Page 1 Recording of this session via any media type is strictly prohibited. Page 1 Using Strategic Scenarios to Embed Risk Management in Strategy Development In-house developed process/tool
Page 2 Recording of this session via any media type is strictly prohibited. What to Expect Know how to scope out and define scenarios. Consider how you might transform scenarios into specific strategic issues to address. Be prepared to prioritize issues to balance the handling of risk and opportunity.
Page 3 Recording of this session via any media type is strictly prohibited. Agenda The LEGO Group The Prepare for Uncertainty (PfU) process Our scenario builder tool Workshop Closing Remarks
Page 4 Recording of this session via any media type is strictly prohibited. Do not cover the LEGO logo Do not cover the graphic elements – pick a simple layout instead The LEGO ® Brick Many Product Lines One LEGO ® Brick One Brand One Logo
Page 5 Recording of this session via any media type is strictly prohibited. Do not cover the LEGO logo Do not cover the graphic elements – pick a simple layout instead LEGO ® Group at a Glance 25,382 turnover 2012 operating margin employees Average 2013 FTE of this year’s sales are novelties Sold in more than countries 9 years of consecuti ve growth 2nd largest toy company in the world milli on 33% % Danish family owned More than
Page 6 Recording of this session via any media type is strictly prohibited. Do not cover the LEGO logo Do not cover the graphic elements – pick a simple layout instead ERM Active Risk & Opportunity Planning Active Risk & Opportunity Planning Prepare for Uncertainty Prepare for Uncertainty Ensuring valid and resilient strategies Strategic Risk Management
Page 7 Recording of this session via any media type is strictly prohibited. Adapted from Source: ©Teacher & Educational Development, University of New Mexico School of Medicine, 2005 The PfU Process
Page 8 Recording of this session via any media type is strictly prohibited. How to build the scenarios!
Page 9 Recording of this session via any media type is strictly prohibited. The Prioritization Tool (PAPA) Speed of Change Slow Fast Prepare Park Act Adapt LowHigh Likelihood Overall Strategic Response
Page 10 Recording of this session via any media type is strictly prohibited. WORKSHOP Intro to OCTAN Energy Oil-company Entering US market place Revenue – 200 XX Employees 20xxx Only trading oil and oil- products
Page 11 Recording of this session via any media type is strictly prohibited. Closing Remarks